ME Eonomies Vocab Review

Front

Economy where the government owns most industries and makes economic decisions.

Back

Command Economy

Front

Country's management of money and resources for goods and services

Back

Economy

Front

Activity of setting up a business; taking financial risk for profit.

Back

Entrepreneurship

Front

Economy where owners & consumers decide on production & sales.

Back

Market Economy

Front

Materials produced by nature for economic gain

Back

Natural Resources

Front

Countries in various development stages.

Back

Developing Countries

Front

Goods made to produce other goods

Back

Capital Resources

Front

Countries relying more on industry than agriculture.

Back

Industrialized Countries

Front

Workforce of an organization, business, or economy.

Back

Human Resources

Front

Percentage of people who can read and write.

Back

Literacy Rate